AOK
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0.00% 0.3¢ australian oil company limited.

Hi dis, sorry to see you go, just as I am getting back in. With...

  1. malay
    7,365 Posts.
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    10/12/14
    07:37
    Post #: 14436115
    Hi dis, sorry to see you go, just as I am getting back in. With today's POO, half the oilers will be out of business unless they have hedged. POO will eventually gets up after the war, with many going busted and exploration companies stopped right on the track.Sunny days will be back again.AOK should slow down the drilling now and perhaps get some cheap leases and wait for the golden dawn.At least with hedging AOK is still in a profitable business.
    AOK Price at posting: 12.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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